The European Parliament on Thursday voted to ease carbon dioxide (CO₂) emissions targets for cars and vans, granting automakers additional time to comply and potentially reducing billions of euros in fines.
Lawmakers approved the rule change by 458 votes to 101, with 14 abstentions. Under the revised legislation, automakers can now meet EU emissions requirements based on average fleet emissions over the period 2025 to 2027, rather than being judged on a single year.
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The amendment follows strong lobbying efforts from Europe’s auto industry, which had warned that strict enforcement this year could lead to penalties of up to 15 billion euros ($17 billion). European manufacturers have faced growing pressure amid slower-than-expected electric vehicle adoption and increasing competition from Chinese and U.S. rivals in the EV market.
European Commission President Ursula von der Leyen described the adjustment as providing “breathing space” for automakers. However, Volkswagen noted last week that while the longer compliance window is helpful, it still expects a “burden” in 2025.
Some critics argue the industry has had ample time—seven years since the targets were first agreed—to prepare for the transition. They also contend that the projected fine estimates are overstated. The legislation will now proceed to the Council of the European Union for final approval.
Source: Reuters